econd generationanthrax vaccine that offers the potential for improve...Conference Call and Webcast ...PharmAthene management will be hosting a conference call beginning at...A replay of the conference call will be available for 30 daysbeginni...The conference call will also be webcast and can be accessed from the...

econd generation
anthrax vaccine that offers the potential for improved safety and
convenience," said Mr. Wright. "We believe Avecia's vaccine is well
positioned to meet this requirement, as it is a highly purified recombinant
form of a single protein -- protective antigen (PA), which is produced
using standard biotechnology processes. In preclinical and clinical studies
the vaccine has been shown to produce a vaccine-induced antibody response
and was safe and well tolerated. If these results are confirmed in future
studies, we believe this vaccine could prove to be a superior choice for
procurement in the Strategic National Stockpile for civilian defense
against anthrax threats."

Conference Call and Webcast

PharmAthene management will be hosting a conference call beginning at
4:30 pm Eastern Time today, Thursday, March 20, 2008, to discuss the Avecia
deal in addition to the Company's year-end 2007 results. The dial-in number
within the United States is 800-561-2813. The dial-in number for
international callers is 617-614-3529. The participant passcode is
25398564.

A replay of the conference call will be available for 30 days,
beginning at approximately 6:30 pm Eastern Time Thursday, March 20, 2008
until approximately 11:50 pm Eastern Time April 17, 2008. The dial-in
number from within the United States is 888-286-8010. For international
callers, the dial-in number is 617-801-6888. The participant passcode is
99739488.

The conference call will also be webcast and can be accessed from the
company's website at http://www.pharmathene.com. A link to the webcast may
be found on both the Home Page and also under the Investor Relations
section of the website. The webcast will be available for 30 days, or until
approximately Thursday, April 17, 2008.

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